Selling, General, and Administrative Costs: Viatris Inc. vs Celldex Therapeutics, Inc.

SG&A Expenses: Viatris vs. Celldex from 2014-2023

__timestampCelldex Therapeutics, Inc.Viatris Inc.
Wednesday, January 1, 2014206220001499100000
Thursday, January 1, 2015338370001923500000
Friday, January 1, 2016359790002351400000
Sunday, January 1, 2017250030002564000000
Monday, January 1, 2018192690002397300000
Tuesday, January 1, 2019154260002503400000
Wednesday, January 1, 2020144560003344600000
Friday, January 1, 2021204880004529200000
Saturday, January 1, 2022271950004179100000
Sunday, January 1, 2023309140004650100000
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Unveiling the hidden dimensions of data

A Tale of Two Companies: SG&A Expenses Over Time

In the ever-evolving pharmaceutical landscape, understanding the financial health of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Viatris Inc. and Celldex Therapeutics, Inc. from 2014 to 2023. Over this period, Viatris Inc. consistently reported significantly higher SG&A expenses, peaking at approximately $4.65 billion in 2023, a staggering 15% increase from 2020. In contrast, Celldex Therapeutics, Inc. maintained a more modest expenditure, with a peak of around $36 million in 2016. This disparity highlights the scale and operational differences between the two companies. While Viatris's expenses reflect its expansive operations, Celldex's leaner approach may indicate a focus on niche markets. As the industry continues to grow, these financial strategies will play a pivotal role in shaping their futures.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025